During 2022, its first year of operations as a delivery service. Pharoah Corp. entered into the following transactions. The fiscal year end for Pharoah is December 31 1. 2. 3 4 5. 6 7 8. Issued common shares to investors in exchange for $90,000 in cash. Borrowed $40.500 cash from the bank, due 2024. Purchased delivery vehicles for $54.000 cash Received $23.400 from customers for services provided. Purchased supplies for $3.900 on account. Paid rent of $4.980 Performed services on account for $9.000 Paid salaries of $25.200 Declared and paid a dividend of $9.900 to shareholders. Paid Income taxes of $290 for the month. 10. (b) Prepare journal entries to record the above transactions. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. I no entry is required, select "No Entry for the account titles and enter for the amounts List all debit entries before credit entries.) Account Titles and Explanation Debit Credit r No 1 2. 4 5 6 7 8 9 10